Fighters are taxed 30 percent of purse when competing in Brazil
UFC Quick Quote: Fighters are taxed 30 percent of purse when competing in Brazil - MMAmania.com
According to UFC lightweight Gleison Tibau, UFC fighters are taxed 30 percent of their fight purse when competing in Brazil. The veteran 155-pound fighter has competed in the UFC 16 times over the course of his career and claims he declares his purses at the end of every year. But when he fought in Brazil for the first time under the UFC banner last October, Tibau says he was a victim of the "very heavy tax rate."
"Professionally, I liked to fight at UFC Brazil's, but financially, I found it absurd. Brazil charges many taxes of our purses, so I was unmotivated to fight in Brazil because of that. People pay taxes, I have no problem, but the money does not go to health, it does not produce benefit for the public. If it was a tax you paid, but you see the benefit, that's fine... The politics in Brazil is a very big robbery, that left me very sad. If I had fought in the United States, I always declare my purses at the end of the year. In Brazil, the check is already deducted, so is $50,000 that I no longer receive. It is a very heavy tax rate. I and other friends who fought in Brazil complained... We lose 30% of our purses."